Canadian Prime Minister Justin Trudeau recently announced he would not be reforming the electoral process despite making a very clear and unequivocal commitment to do just that during his most recent election campaign. He said, “election will be the last federal election using first-past-the-post.” But we all know campaign promises are meant to be broken, […]
One of the great things about Montréal and what makes its charm is the affordable housing. Our rental prices and purchase prices are significantly below those in Toronto and Vancouver. The lower prices allows Quebecers to invest their money elsewhere, in their education, startups, personal projects or even art and culture. If we need to […]
The most desired thing in the world is respect. Everyone wants to be respected and to be proud of who they are and what they have done. This is what drives us to spend most of our money on a variety of goods we do not really need, it is what pushes some to spend […]
Thomas Picketty’s seminal book Capital in the 21st Century outlined some of the underlining principles of capitalism. His main thesis is that if the return on capital is greater than economic growth, wealth inequality grows. The rich get richer because they can earn a greater return on their investments than the growth of wages. This ensures that […]
Rome survived Caligula. Caligula, the roman emperor who named a horse senator, organized mass orgies and committed numerous atrocities and ruled over Rome from 37 AD to 41 AD. Rome, being a large and powerful empire with a bureaucratic system, survived and even grew under Caligula’s divine leadership. Similarly, America will continue to grow with […]
In the excellent talk below, Yanis Varoufakis, Greece’s former Finance Minister lays out the compelling case for basic income. One of his key points, which basic income advocates should take to heart is the imperative to shift our social narrative on work, labour and the creation of wealth. Yanis explains how we currently view the […]
Haitians are a proud people and for good reason. They were the first colony to free themselves from slavery and overthrow a ruling class. The revolution, set off in part by the French Revolution, led to a bloody battle and punishing reprisals from European nations. Some two hundred years ago, one of my ancestors, Philibert […]
Time passes by so fast, I have been busy at Nimonik and had little time to write about the things I see in this crazy world. Luckily, NASA just announced the discovery of a 0.98 similar planet, so we can have a back-up planet if we do not sort out issues here. We will however […]